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Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021

August 2, 2021 723 Views 0 comment Print

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021 was introduced in Rajya Sabha on 02nd August 2021. Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021 further amend the Constitution (Scheduled Tribes) Order, 1950 to modify the list of Scheduled Tribes in relation to the State of Arunachal Pradesh. Full text of the Bill is as follows:- AS […]

Central Motor Vehicles (Sixteenth Amendment) Rules, 2021

August 2, 2021 2574 Views 0 comment Print

Central Motor Vehicles (Sixteenth Amendment) Rules, 2021. Battery Operated Vehicles shall be exempted from the payment of fees for the purpose of issue or renewal of registration certificate and assignment of new registration mark.

Initiation of Anti-dumping investigation on import of ATS-8 from China

August 2, 2021 2013 Views 0 comment Print

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) INITIATION NOTIFICATION New Delhi, the 2nd August, 2021 (Case No. AD-OI-11/2021) Subject : Initiation of Anti-dumping investigation concerning imports of “(4R-Cis)-1, 1-Dimethylethyl-6-cyanomethyl-2, 2-dimethyl-1, 3-dioxane-4-acetate also known as ATS-8” originating in or exported from China PR. No- 6/11/2021-DGTR.— 1. An application has been […]

ICAI President’s Message – August 2021

August 1, 2021 1536 Views 0 comment Print

Institute of Chartered Accountants of India My Dear Professional Colleagues, For too long mankind, indiscriminately extricating natural resources has treated nature as a limitless source for its needs. In the process, what nature took millions of years to create is being used up and destroyed in a flip in the geological lifetime of the earth. […]

Shri Deepak Das takes charge as new Controller General of Accounts

August 1, 2021 1278 Views 0 comment Print

Shri Deepak Das took charge as the new Controller General of Accounts here today. Shri Deepak Das is the 25th officer to hold the position of Controller General of Accounts (CGA).

GST Revenue collection for July 2021

August 1, 2021 846 Views 0 comment Print

The gross GST revenue collected in the month of July 2021 is ₹ 1,16,393 crore of which CGST is ₹ 22,197 crore, SGST is ₹ 28,541 crore, IGST is ₹ 57,864 crore (including ₹ 27,900 crore collected on import of goods) and Cess is ₹ 7,790 crore (including ₹ 815 crore collected on import of goods).

Anti-Dumping duty on Polytetrafluoroethylene extended till 30.11.2021

July 31, 2021 543 Views 0 comment Print

Seeks to further amend notification No. 23/2016-Customs (ADD) dated 6th June, 2016 to extend the levy of Anti-Dumping duty on Polytetrafluoroethylene originating in or exported from Russia, up to and inclusive of 30th November, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 41/2021-Customs (ADD) | Dated: 31st July, 2021 G.S.R. 522(E).—Whereas, the […]

Tea (Marketing) Control (Amendment) Order, 2021

July 30, 2021 2613 Views 0 comment Print

This Order may be called the Tea (Marketing) Control (Amendment) Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

GST leviable at 12% on Job work of pharmaceutical Drugs

July 30, 2021 5169 Views 0 comment Print

In Re Romano Drugs Pvt. Ltd. (GST AAR Gujarat) What is rate of tax applicable to the Services by way of job work on Diphenylmethoxy’N’ N- diethylaminethanol HCI (Job work of pharmaceutical Drugs) , undertaken by the supplier (applicant) as per CBIC issued clarification on Job work vide circular No.126/45/2019- GST dated 22.11.2019 i.e., whether […]

AAR Ruling on Reduction of Subsidy from taxable value of solar system

July 30, 2021 5526 Views 0 comment Print

In Re Greenbrilliance Renewable Energy LLP (GST AAR Gujarat) A) Whether subsidy amount is to be reduced for arriving at the taxable value of the solar system from the system price declared by the Nodal agency? And the GST liability shall be on the taxable value calculated after subtracting the subsidy amount from the system […]

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